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22 May
09:21

Italian sheet prices increase

Italian sheet re-rollers are asking for a €30/tonne increase ($33.4/t) for hot rolled coil. The move follows coil producers' and tube makers' price increase announcements last week, market participants tell Kallanish. However, most service centres are buying coil at old prices and activity is low. Due to market uncertainty coil and sheet buyers are preferring to delay their purchases for as long as they can. The service…
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